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Below is a table for the present value of $1 at Compound interest. Below is a table for the present Year 6% 1 0.943 2

Below is a table for the present value of $1 at Compound interest.

image text in transcribed Below is a table for the present Year 6% 1 0.943 2 0.890 3 0.840 4 0.792 5 0.747 value of $1 at Compound interest. 10% 12% 0.909 0.893 0.826 0.797 0.751 0.712 0.683 0.636 0.621 0.567 Below is a table for the present Year 6% 1 0.943 2 1.833 3 2.673 4 3.465 5 4.212 value of an annuity of $1 at compound interest. 10% 12% 0.909 0.893 1.736 1.690 2.487 2.402 3.170 3.037 3.791 3.605 Using the tables above, determine the present value of $13,517.00 (rounded to the nearest dollar) to be received at the end of each of the next 3 years, assuming an earnings rate of 10%. Select the correct answer. $13,517 $17,572 $12,165 $33,617

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